Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. These days I'm retired, and I can't by law give you advice. I do make mistakes, but I try hard to do my analysis thoroughly, and to make sure my data are correct. Remember: the unexpected sometimes happens. The expected does too, but all too often it takes longer than you thought it would.

The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Saturday, December 10, 2016

Record lows in sea ice

Global sea ice extent is way below previous lows.  (Note (a)  that this says nothing about ice on land, such as on the Antarctic or Greenland land mass and (b) Arctic and Antrarctic have different seasons--it's winter in the northern hemipshere and summer here in the southern)

Read more here

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